Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 189.97

-4.5%

Dec 12 9:30 AM EST

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To: Kevin Yang who wrote (13471)	3/15/2000 12:51:00 PM
From: Kevin Yang	Read Replies (2) of 19080

SSB ups target to $100 RESEARCH ALERT - Oracle price target upped to $100 NEW YORK, March 15 (Reuters) - Salomon Smith Barney said on Wednesday that analyst Neil Herman raised his price target for Oracle Corp. (NasdaqNM:ORCL - news) to $100 from $85. -- On Tuesday, Oracle reported fiscal third quarter results that were well ahead of analysts' forecasts. -- Herman raised his fiscal fourth quarter earnings per share estimate was raised to 27 cents from 23 cents. Fiscal 2001 EPS estimates were raised to 84 cents from 73 cents. -- The Internet is increasingly driving Oracle's business, Herman said. -- Shares of Oracle were up 4-1/4 at 81-1/4 in trade on the Nasdaq stock market.

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